Drax Hails Good Performance Supporting UK Energy Security
Power giant Drax issues upbeat trading update, highlighting its role in supporting UK energy security during the Middle East conflict. CEO says firm works hard to keep lights on for millions.
Category : Business
Martin Lewis: Money gifts may trigger inheritance tax
Martin Lewis warns that gifting money to family could count towards inheritance tax if not managed properly. Annual allowance is £3,000 per person.
West Brom youngster Torin Ntege on trial at Reading
West Brom youngster Torin Ntege, who signed last summer, is on trial at Reading, featuring for their under-21 side against Huddersfield.
Lloyds Bank Warns Customers as Business Confidence Falls
Lloyds Bank warns that business confidence fell 11 points to 44% in April, affecting over one million UK customers due to global uncertainty, including the Iran war and Middle East conflict.
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NatWest First UK Bank to Offer Mortgage Guidance on ChatGPT
NatWest becomes the first UK bank to offer home-buying and remortgaging guidance via ChatGPT, integrating with the AI platform to provide personalised mortgage options and affordability checks.
West Midlands business confidence dips but firms stay focused on growth
Lloyds' Business Barometer shows West Midlands confidence fell 17 points in April to 49%, but firms remain resilient, focusing on growth through innovation, training, and AI adoption.
M&S Summer Picky Bits Range Gets Michelle Keegan's Nod
Marks & Spencer launches over 500 new summer food products, including picky bits, with celebrity Michelle Keegan as ambassador. Highlights include doughnuts, pizzas, and dips.
Le Creuset Casserole Dish Drops to £216 in Amazon Deal
A premium Le Creuset 30cm casserole dish, usually £415, is now £216.99 on Amazon in a limited-time deal. Available in orange and red until May 12.
Reeves £790 VED Charge Forces Drivers to Scrap Cars
Chancellor Rachel Reeves' £790 Vehicle Excise Duty rise for 2026-27 is pushing motorists to scrap older cars, as tax bills exceed half their value.
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Persimmon Warns of Cost Inflation as Housing Demand Softens
Persimmon flags rising supply costs due to Iran conflict and softening demand, though forward sales are up 7% to £1.8bn. Share price rises 2%.
Tesco New £10 Cap Rule at 600 Petrol Stations Friday
Tesco and Barclays launch a fuel cashback offer: 5% back on purchases up to £200, capped at £10 per month, at over 600 Tesco petrol stations from May 1 to July 31.
Martin Lewis: Stock Up on Stamps Now to Save Money
Martin Lewis advises households to bulk-buy stamps before April price rises, noting they remain valid indefinitely. First-class stamps rose to £1.80, second-class to 91p.
Oil Prices Surge to Highest Since 2022
Oil prices have soared to their highest since 2022 due to Middle East tensions, with Brent crude exceeding $126 per barrel. Summer holidays may also be affected.
Brits Delay Essential Life Admin for Over Three Months
A study reveals Brits put off essential tasks like MOTs and tax returns for over three months, with 30% missing deadlines and facing fees or service disruptions.
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UK Energy Bills Set to Rise by £202 in July
UK households face a £202 energy bill rise in July as Ofgem's new price cap is expected to increase due to Middle East tensions, with two-thirds unaware.
AstraZeneca announces £300m UK investment
AstraZeneca invests £300m in UK after pausing plans in 2025, citing tariff exemption and increased NHS spending on innovative medicines as key factors.
UK Tourists Cancel EU Holidays Over Biometric Border Rules
UK holidaymakers are cancelling trips to France, Spain, and other EU destinations due to the new Entry/Exit System (EES), which has caused long queues and missed flights.
PR Newswire Expands UK Reach with 65 New Partner Sites
PR Newswire partners with SWNS to add 65 UK news websites, offering enhanced distribution options for brands seeking greater visibility in the British market.
Northern Mayors and Business Leaders Unite for Investment Summit
Northern mayors and business leaders will gather for the Great North Investment Summit in Leeds on May 18, aiming to attract billions in investment and boost the regional economy.
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Whitbread to Cut 3,800 Jobs in Restructuring
Whitbread, owner of Premier Inn, plans to cut 3,800 jobs and convert 197 restaurants as part of a five-year strategic reset to reduce costs.
Nationwide to Confirm £100 Bonus Payments in May
Nationwide is set to announce £100 bonus payments for eligible customers as part of its Fairer Share scheme, likely returning this summer.
Martin Lewis' 3-Question Rule to Stop Spending
Martin Lewis shares his 'golden rule' of three questions to ask before buying anything, helping Brits avoid overspending and make smarter financial choices.
Robot Tests and Broken Phones Top Tech Frustrations
A poll of 2,000 Brits reveals top tech anxieties including impossible CAPTCHA tests, useless Wi-Fi, and smashing phones. Gen Z and Millennials face frustration three times daily.
Whitbread to cut 3,800 jobs and sell hotels in £1.5bn deal
Whitbread announces 3,800 job cuts and £1.5bn hotel sale as part of a five-year plan to counter rising business rates and shift to a capital-light model.
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DWP Expands Benefit to 92 More Health Conditions
The DWP has added 92 new conditions to the PIP eligibility list, bringing the total to 177. The maximum weekly payment is now £194.60.
UK Tumble Dryer Ban: £40 Extra Cost for Households
Labour's Ed Miliband proposes banning traditional tumble dryers to cut emissions, promoting heat-pump alternatives costing £40 more. Critics slam the move.
Bargain Desk Organiser for Home Office Transformation
A simple wooden desk organiser with built-in storage and screen-raising benefits is helping create cleaner, more comfortable workspaces. Available in multiple styles and colours at Office Furniture Online.
Extend Child Benefit Now for Teens in Education
Parents of 16-19 year olds must extend Child Benefit if teens continue education or training, or payments stop. HMRC sends 1.5M reminder letters.
State Pensioners Born 1951-1960 Face HMRC Tax Bills
State pensioners born between 1951 and 1960 risk HMRC clawing back cash as frozen tax thresholds push pensions closer to taxation. The full new state pension now stands at £12,547, just £23 below the personal allowance of £12,570.
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State pensioners born before 1960 rush to withdraw £139 cash
State pensioners born before 1960 are rushing to withdraw cash, with Post Office data showing record cash transactions in Q1 2026. Average withdrawal is £139.
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